Share price at the NSE close on 23 Oct 2026. Previous close ₹1,633.00.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹79,539 Cr122nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 16 Oct 2026
- 31.1
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 16 Oct 2026
- 4.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.88%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 16 Oct 2026
- 15.2%
- SolvencySolvency ratio. The capital the insurer holds ÷ the capital the regulator requires it to hold, as the insurer states it; insurers write it in different ways, so it is read as the one multiple between 1 and 5 it can be, and not given outside that. At the end of Sep 2026.
- 2.75times the capital required
- Gross premiumGross premium. Premium on the policies sold and renewed in the period, before the part passed on to reinsurers: a general insurer's gross premiums written, a life insurer's gross premium income. For the year to Mar 2026.
- ₹30,618 Cr
- Combined ratioCombined ratio. Claims plus expenses as a percentage of premium, as the general insurer states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told. For the year to Mar 2026.
- 103.36%
- Claims ratioClaims ratio. Claims incurred as a percentage of premium earned, as the general insurer states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the filing's own amounts show it written on another scale or rounded to the whole per cent. For the year to Mar 2026.
- 71.10%
- Expense ratioExpense ratio. The costs of running the insurance business, commission included, as a percentage of premium, as the insurer states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the filing's own amounts show it written on another scale or rounded to the whole per cent. For the year to Mar 2026.
- 31.73%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,72,90947.5% delivered
ICICI Lombard General Insurance Company board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonRakesh Jha
- Managing director and CEOSanjeev Radheyshyam Mantri
- Company SecretaryVikas Mehra
9 directors6 independent1 executive2 non-executive
- Rakesh Jha · ChairpersonNon-executive · joined May 2022 · 3 listed boards · 1 committee seat, 1 as chair
- Ved Prakash ChaturvediIndependent · joined Jul 2016 · reappointed Jul 2021 · 119 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 1 as chair
- Murali SivaramanIndependent · joined Jan 2020 · reappointed Jan 2025 · 77 months as independent · 4 listed boards · 4 as independent · 6 committee seats, 2 as chair
- Antony JacobIndependent · joined Jan 2024 · 30 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
- Preeti ReddyIndependent · joined Apr 2024 · 26 months as independent · 4 listed boards · 4 as independent · 3 committee seats, 1 as chair
- Rajive KumarIndependent · joined Jul 2024 · 23 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
- Shyam SrinivasanIndependent · joined Apr 2026 · 2 months as independent · 2 listed boards · 1 as independent
- Sandeep BatraNon-executive · joined Oct 2018 · 4 listed boards · 3 committee seats
- Sanjeev Radheyshyam Mantri · Managing director and CEOExecutive · joined May 2015 · reappointed May 2020 · 1 listed board · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
3 directors who left
- Suresh Muthukrishna Kumar, left 8 Jul 2025: Others
- Alok Kumar Agarwal, left 31 Dec 2024: Others
- Uday Madhav Chitale, left 21 Oct 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 19 Jun 20269 of 9 present6 independent · 64 days in between
- 15 Apr 20268 of 8 present5 independent · 34 days in between
- 11 Mar 20268 of 8 present5 independent · 14 days in between
- 24 Feb 20268 of 8 present5 independent · 31 days in between
2 earlier meetings
- 23 Jan 20268 of 8 present5 independent · 9 days in between
- 13 Jan 20268 of 8 present5 independent
Audit Committee
Chair Antony Jacob
Murali Sivaraman, Rajive Kumar, Sandeep Batra
- 11 Jun 20264 of 4 present3 independent · 56 days in between
- 15 Apr 20264 of 4 present3 independent · no day in between
- 14 Apr 20264 of 4 present3 independent · 80 days in between
- 23 Jan 20264 of 4 present3 independent · 9 days in between
2 earlier meetings
- 13 Jan 20264 of 4 present3 independent · no day in between
- 12 Jan 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Ved Prakash Chaturvedi
Antony Jacob, Preeti Reddy, Rakesh Jha
- 19 Jun 20264 of 4 present3 independent · 64 days in between
- 15 Apr 20264 of 4 present3 independent · 92 days in between
- 12 Jan 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair Ved Prakash Chaturvedi
Antony Jacob, Sanjeev Radheyshyam Mantri
- 14 Apr 20263 of 3 present2 independent · 91 days in between
- 12 Jan 20263 of 3 present2 independent
Risk Management Committee
Chair Rajive Kumar
Murali Sivaraman, Rakesh Jha, Sanjeev Radheyshyam Mantri, Gopal Balachandran, Prasun Sarkar, Steve Dsouza
- 19 Jun 20264 of 4 present2 independent · 65 days in between
- 14 Apr 20264 of 4 present2 independent · 91 days in between
- 12 Jan 20264 of 4 present2 independent
Corporate Social Responsibility Committee
Chair Preeti Reddy
Ved Prakash Chaturvedi, Murali Sivaraman, Sanjeev Radheyshyam Mantri
- 14 Apr 20264 of 4 present3 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditors
Named in the results for the quarter to Mar 2026.
- PKF Sridhar and Santhanam LLPPeer-review certificate valid to Oct 2028
- Walker Chandiok & Co LLPPeer-review certificate valid to May 2028
1 earlier auditor
- PKF Sridhar & Santhanam LLPNamed in the filing for the quarter to Dec 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
ICICI Lombard General Insurance Company AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.ICICI Lombard General Insurance Company dividend history
Annual general meeting, 19 Jun 2026
2,36,314 shareholders on the register on 12 Jun 2026; present: 1 promoter and 83 others; votes counted by Nrupang B. Dholakia / Dholakia & Associates LLP, Company Secretaries.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary99.96% for0.04% againstAgainst: promoters 0.00% · institutions 0.10% · other public 0.03%
Turnout: all 88.96% · promoters 99.92% · institutions 89.17% · other public 2.51%
- To confirm payment of interim dividend of Rs. 6.5/- per equity share i.e. at the rate of 65% of the face value of Rs. 10/- each, for the financial year ended March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 88.97% · promoters 99.92% · institutions 89.21% · other public 2.51%
- To declare final dividend of Rs. 7.0/- per equity share i.e. at the rate of 70% of the face value of Rs. 10/- each, for the financial year ended March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 88.97% · promoters 99.92% · institutions 89.21% · other public 2.51%
- To appoint a Director in place of Mr. Sandeep Batra (DIN:03620913), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary92.88% for7.12% against
Against: promoters 0.00% · institutions 16.86% · other public 0.28%
Turnout: all 88.86% · promoters 99.92% · institutions 88.94% · other public 2.51%
To appoint B S R & Co. LLP, Chartered Accountants, as one of the Joint Statutory Auditors of the Company for a term of four (4) consecutive years to hold office from the conclusion of Twenty-Sixth (26th) Annual General Meeting till the conclusion of the Thirtieth (30th) Annual General Meeting of the CompanyMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 88.97% · promoters 99.92% · institutions 89.21% · other public 2.51%
- To approve audit remuneration of Walker Chandiok & Co. LLP, Chartered Accountants and B S R & Co LLP, Chartered Accountants, Joint Statutory Auditors of the Company for FY2027Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.04% · other public 0.06%
Turnout: all 88.97% · promoters 99.92% · institutions 89.21% · other public 2.51%
- Appointment of Mr. Shyam Srinivasan (DIN:02274773) as a Non-executive, Independent Director of the CompanySpecial99.06% for0.94% against
Against: promoters 0.00% · institutions 2.23% · other public 0.17%
Turnout: all 88.86% · promoters 99.92% · institutions 88.95% · other public 2.51%
- Revision in remuneration of Mr. Sanjeev Mantri (DIN:07192264), Managing Director & CEO of the CompanyOrdinary99.39% for0.61% against
Against: promoters 0.00% · institutions 1.44% · other public 0.11%
Turnout: all 88.97% · promoters 99.92% · institutions 89.21% · other public 2.51%
- Material Related Party Transactions with ICICI Bank LimitedOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 37.70% · promoters 0.00% · institutions 89.21% · other public 1.39%
- Material Related Party Transactions with ICICI Securities Primary Dealership LimitedOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 37.70% · promoters 0.00% · institutions 89.21% · other public 1.39%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Jun 2025, 10 resolutions
2,48,509 shareholders on the register on 23 Jun 2025; present: 1 promoter and 84 others; votes counted by Nrupang B. Dholakia / Dholakia & Associates LLP, Company Secretaries.The company's voting result (opens in a new tab)
- To receive, consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 88.59% · promoters 100.00% · institutions 89.27% · other public 0.99%
- To confirm payment of interim dividend of ₹ 5.5/- per equity share i.e. at the rate of 55.0% of the face value of ₹ 10/- each, for the financial year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 88.61% · promoters 100.00% · institutions 89.31% · other public 0.99%
- To declare final dividend of ₹ 7.0/- per equity share i.e. at the rate of 70.0% of the face value of ₹ 10/- each, for the financial year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 88.61% · promoters 100.00% · institutions 89.31% · other public 0.99%
- To appoint a Director in place of Mr. Rakesh Jha (DIN: 00042075), who retires by rotation and, being eligible, offers himself for re-appointmentOrdinary97.82% for2.18% against
Against: promoters 0.00% · institutions 5.22% · other public 0.97%
Turnout: all 88.45% · promoters 100.00% · institutions 88.94% · other public 0.99%
- To approve audit remuneration of PKF Sridhar & Santhanam LLP, Chartered Accountants and Walker Chandiok & Co. LLP, Chartered Accountants, Joint Statutory Auditors of the Company for FY2026Ordinary99.58% for0.42% against
Against: promoters 0.00% · institutions 1.00% · other public 0.60%
Turnout: all 88.61% · promoters 100.00% · institutions 89.31% · other public 0.99%
- To appoint M/s. Parikh & Associates, practicing company secretaries as Secretarial Auditors for a term of Five (5) consecutive yearsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.01% · other public 0.61%
Turnout: all 88.60% · promoters 100.00% · institutions 89.31% · other public 0.99%
- Revision in Remuneration of Mr. Sanjeev Mantri (DIN: 07192264), Managing Director & CEO of the Company.Ordinary99.01% for0.99% against
Against: promoters 0.00% · institutions 2.35% · other public 0.76%
Turnout: all 88.61% · promoters 100.00% · institutions 89.31% · other public 0.99%
- Material Related Party Transactions for current bank account balancesOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.01% · other public 1.86%
Turnout: all 37.10% · promoters 0.00% · institutions 89.31% · other public 0.33%
- Material Related Party Transactions for subscribing to securities issued by Related Parties and purchase of securities from Related Parties (issued by related or unrelated parties)OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.01% · other public 1.85%
Turnout: all 37.10% · promoters 0.00% · institutions 89.31% · other public 0.33%
- Material Related Party Transactions for sale of securities to Related Parties (issued by related or unrelated parties)OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.01% · other public 1.85%
Turnout: all 37.10% · promoters 0.00% · institutions 89.31% · other public 0.33%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 12 Jan 2025, 1 resolution
2,44,387 shareholders on the register on 6 Dec 2024; votes counted by Nrupang B. Dholakia / Dholakia & Associates LLP, Company Secretaries.The company's voting result (opens in a new tab)
- Re-appointment of Mr. Murali Sivaraman (DIN:01461231) as a Non-executive, Independent Director of the CompanySpecial97.19% for2.81% against
Against: promoters 0.00% · institutions 6.77% · other public 10.05%
Turnout: all 88.14% · promoters 100.00% · institutions 87.69% · other public 0.19%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 8 Sep 2024, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Mr. Rajive Kumar (DIN:06620110) as a Non-executive, Independent Director of the CompanySpecial99.19% for0.81% against
Against: promoters 0.00% · institutions 1.77% · other public 67.57%
Turnout: all 87.97% · promoters 100.00% · institutions 87.22% · other public 1.51%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Jun 2024, 14 resolutions
Present: 1 promoter and 76 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2024, together with the Reports of the Board of Directors and Auditors thereonOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.10% · other public 0.05%
Turnout: all 86.88% · promoters 100.00% · institutions 85.89% · other public 6.89%
- To confirm payment of interim dividend of Rs. 5.0 per equity share i.e. at the rate of 50.0% of the face value of Rs. 10/- each, for the financial year ended March 31, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 86.90% · promoters 100.00% · institutions 85.94% · other public 6.89%
- To declare final dividend of Rs. 6.0 per equity share i.e. at the rate of 60% of the face value of Rs. 10/- each, for the financial year ended March 31, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 86.90% · promoters 100.00% · institutions 85.94% · other public 6.89%
- To appoint a Director in place of Mr. Alok Kumar Agarwal (DIN: 03434304), who retires by rotation and, being eligible, offers himself for re-appointmentOrdinary99.11% for0.89% against
Against: promoters 0.00% · institutions 2.24% · other public 0.09%
Turnout: all 86.78% · promoters 100.00% · institutions 85.64% · other public 6.89%
- To approve audit remuneration of PKF Sridhar & Santhanam LLP, Chartered Accountants and Walker Chandiok & Co. LLP, Chartered Accountants, Joint Statutory Auditors of the Company for FY2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 86.90% · promoters 100.00% · institutions 85.94% · other public 6.88%
- Revision in Remuneration of Mr. Sanjeev Mantri (DIN: 07192264), Managing Director & CEO of the CompanyOrdinary99.86% for0.14% against
Against: promoters 0.00% · institutions 0.35% · other public 0.15%
Turnout: all 86.90% · promoters 100.00% · institutions 85.94% · other public 6.88%
- Revision in remuneration of Mr. Alok Kumar Agarwal (DIN: 03434304), Executive Director of the CompanyOrdinary99.86% for0.14% against
Against: promoters 0.00% · institutions 0.35% · other public 0.16%
Turnout: all 86.90% · promoters 100.00% · institutions 85.94% · other public 6.88%
- Material Related Party Transactions for current bank account balancesOrdinaryPromoters have an interest in it99.87% for0.13% against
Against: promoters 0.00% · institutions 0.13% · other public 0.13%
Turnout: all 34.92% · promoters 0.00% · institutions 85.94% · other public 4.92%
- Material Related Party Transactions for subscribing to securities issued by Related Parties and purchase of securities from Related Parties (issued by related or unrelated parties)OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 34.92% · promoters 0.00% · institutions 85.94% · other public 4.92%
- Material Related Party Transactions for sale of securities to Related Parties (issued by related or unrelated parties)OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 34.92% · promoters 0.00% · institutions 85.94% · other public 4.92%
- Material Related Party Transactions for undertaking repurchase (repo) transactions and other permitted short-term borrowing transactionsOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 34.92% · promoters 0.00% · institutions 85.94% · other public 4.92%
- Material Related Party Transactions for reverse repurchase (reverse repo) and other permitted short-term lending transactionsOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 34.92% · promoters 0.00% · institutions 85.94% · other public 4.92%
- Increase in remuneration of Non-executive, Independent Directors (other than Chairperson – Non-executive, Independent Director) of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 86.90% · promoters 100.00% · institutions 85.94% · other public 6.89%
- Appointment of Ms. Preeti Reddy (DIN: 07248280) as a Non-executive, Independent Director of the CompanySpecial99.29% for0.71% against
Against: promoters 0.00% · institutions 1.79% · other public 0.12%
Turnout: all 86.78% · promoters 100.00% · institutions 85.64% · other public 6.89%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 22 Feb 2024, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Mr. Antony Jacob (DIN: 00210724) as a Non-executive, Independent Director of the CompanySpecial99.27% for0.73% against
Against: promoters 0.00% · institutions 1.81% · other public 0.03%
Turnout: all 87.08% · promoters 100.00% · institutions 85.88% · other public 35.92%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 10 Nov 2023, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Mr. Sanjeev Mantri (DIN: 07192264) as the Managing Director & Chief Executive Officer ( MD & CEO ) of the CompanyOrdinary99.75% for0.25% against
Against: promoters 0.00% · institutions 0.62% · other public 0.01%
Turnout: all 86.42% · promoters 100.00% · institutions 83.54% · other public 38.10%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 6 Jul 2023, 18 resolutions
Present: 1 promoter and 80 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and Auditors thereon.Ordinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.09% · other public 0.00%
Turnout: all 86.27% · promoters 100.00% · institutions 83.91% · other public 38.39%
- To confirm payment of interim dividend of Rs. 4.50 per equity share of the Company for the financial year ended March 31, 2023.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 86.30% · promoters 100.00% · institutions 83.98% · other public 38.38%
- To declare final dividend of Rs. 5.50 per equity share of the Company for the financial year ended March 31, 2023.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 86.30% · promoters 100.00% · institutions 83.98% · other public 38.38%
- To appoint a Director in place of Mr. Sanjeev Mantri (DIN:07192264), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary98.94% for1.06% against
Against: promoters 0.00% · institutions 2.72% · other public 0.01%
Turnout: all 86.18% · promoters 100.00% · institutions 83.68% · other public 38.38%
- To appoint Walker Chandiok & Co. LLP, Chartered Accountants as one of the Joint Statutory Auditors of the Company for a first term of five years.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 86.30% · promoters 100.00% · institutions 83.98% · other public 38.38%
- To fix audit remuneration of PKF Sridhar & Santhanam LLP, Chartered Accountants and Walker Chandiok & Co. LLP, Chartered Accountants, Joint Statutory Auditors of the Company, for FY2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 86.30% · promoters 100.00% · institutions 83.98% · other public 38.38%
- Revision in remuneration of Mr. Bhargav Dasgupta (DIN: 00047728), Managing Director & CEO of the Company.Ordinary99.38% for0.62% against
Against: promoters 0.00% · institutions 1.57% · other public 0.14%
Turnout: all 86.21% · promoters 100.00% · institutions 83.98% · other public 37.62%
- Revision in remuneration of Mr. Alok Kumar Agarwal (DIN: 03434304), Executive Director of the Company.Ordinary99.38% for0.62% against
Against: promoters 0.00% · institutions 1.57% · other public 0.13%
Turnout: all 86.30% · promoters 100.00% · institutions 83.98% · other public 38.38%
- Revision in remuneration of Mr. Sanjeev Mantri (DIN: 07192264), Executive Director of the Company.Ordinary99.38% for0.62% against
Against: promoters 0.00% · institutions 1.57% · other public 0.13%
Turnout: all 86.30% · promoters 100.00% · institutions 83.98% · other public 38.38%
- Material Related Party Transactions for current bank account balances.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.14% · promoters 0.00% · institutions 83.98% · other public 37.18%
- Material Related Party Transactions for subscribing to securities issued by Related Parties and purchase of securities from Related Parties (issued by related or unrelated parties).OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.14% · promoters 0.00% · institutions 83.98% · other public 37.18%
- Material Related Party Transactions for sale of securities to Related Parties (issued by related or unrelated parties).OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.14% · promoters 0.00% · institutions 83.98% · other public 37.18%
- Material Related Party Transactions for undertaking repurchase (repo) transactions and other permitted short-term borrowing transactions.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.14% · promoters 0.00% · institutions 83.98% · other public 37.18%
- Material Related Party Transactions for reverse repurchase (reverse repo) and other permitted short term lending transactions.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.14% · promoters 0.00% · institutions 83.98% · other public 37.18%
- Alteration in Articles of Association of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 86.30% · promoters 100.00% · institutions 83.99% · other public 38.38%
- Amendments to ICICI Lombard - Employees Stock Option Scheme - 2005 of the Company.Special93.30% for6.70% against
Against: promoters 0.00% · institutions 17.10% · other public 0.13%
Turnout: all 86.30% · promoters 100.00% · institutions 83.99% · other public 38.38%
- Approval and Adoption of ICICI Lombard – Employees Stock Unit Scheme – 2023.Special88.78% for11.22% against
Against: promoters 0.00% · institutions 29.33% · other public 0.12%
Turnout: all 85.08% · promoters 100.00% · institutions 80.95% · other public 38.38%
- Increase in remuneration in the form of profit related commission to Chairperson - Non-executive, Independent Director of the Company.Ordinary89.34% for10.66% against
Against: promoters 0.00% · institutions 27.86% · other public 0.15%
Turnout: all 85.08% · promoters 100.00% · institutions 80.95% · other public 38.38%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 19 Jun 2026, 33 fund houses
To receive, consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
33 for0 against- To confirm payment of interim dividend of Rs. 6.5/- per equity share i.e. at the rate of 65% of the face value of Rs. 10/- each, for the financial year ended March 31, 2026.33 for0 against
- To declare final dividend of Rs. 7.0/- per equity share i.e. at the rate of 70% of the face value of Rs. 10/- each, for the financial year ended March 31, 2026.33 for0 against
- To appoint a Director in place of Mr. Sandeep Batra (DIN:03620913), who retires by rotation and being eligible, offers himself for re-appointment.
Against Quantum Mutual Fund
- Quantum Mutual FundWe do not have any concern on the profile, time commitments and attendance of Mr. Sandeep Batra. The management of ICICI bank took a decision to acquire minority shares in its subsidiary ICICI Securities at a share swap ratio which is detrimental to the interests of minority shareholders of ICICI Securities. This was not opposed by ICICI Bank Directors including Mr. Batra. The poor swap ratio has already caused significant reputational damage for ICICI Bank and may lead to derating of the valuation of the company in the future. Therefore, we are not in favour of the reappointment of Mr. Sandeep Batra.
32 for1 against To appoint B S R & Co. LLP, Chartered Accountants, as one of the Joint Statutory Auditors of the Company for a term of four (4) consecutive years to hold office from the conclusion of Twenty-Sixth (26th) Annual General Meeting till the conclusion of the Thirtieth (30th) Annual General Meeting of the CompanyMoreLess
33 for0 against- To approve audit remuneration of Walker Chandiok & Co. LLP, Chartered Accountants and B S R & Co LLP, Chartered Accountants, Joint Statutory Auditors of the Company for FY202733 for0 against
- Appointment of Mr. Shyam Srinivasan (DIN:02274773) as a Non-executive, Independent Director of the Company
Against Edelweiss Mutual Fund, Groww Mutual Fund, PGIM India Mutual Fund
- Edelweiss Mutual Fund, Groww Mutual Fund, PGIM India Mutual FundCompliant with law. Transparency Concern: The proposed appointee has held an advisory role in a fellow subsidiary and no clarity w.r.t. to the role, responsibilities, and remuneration/fee paid as a result of that position.
30 for3 against - Revision in remuneration of Mr. Sanjeev Mantri (DIN:07192264), Managing Director & CEO of the Company33 for0 against
- Material Related Party Transactions with ICICI Bank Limited33 for0 against
- Material Related Party Transactions with ICICI Securities Primary Dealership Limited33 for0 against
Mutual fund votes, meeting of 30 Jun 2025, 34 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- To receive, consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon34 for0 against
- To confirm payment of interim dividend of ₹ 5.5/- per equity share i.e. at the rate of 55.0% of the face value of ₹ 10/- each, for the financial year ended March 31, 202534 for0 against
- To declare final dividend of ₹ 7.0/- per equity share i.e. at the rate of 70.0% of the face value of ₹ 10/- each, for the financial year ended March 31, 202534 for0 against
- To appoint a Director in place of Mr. Rakesh Jha (DIN: 00042075), who retires by rotation and, being eligible, offers himself for re-appointment
Against Quantum Mutual Fund
- Quantum Mutual FundFor the following Governance reason we vote against the resolution. We do not have any concern on the profile and time commitments of Mr. Rakesh Jha. We take note of the fact he holds the position of Executive Director in ICICI Bank and holds shares in the bank. Recently, the management of ICICI bank took a decision to acquire minority shares in its subsidiary ICICI Securities at a share swap ratio which is detrimental to the interests of minority shareholders of ICICI Securities. This was not opposed ICICI Bank Directors including Mr. Jha nor did he recuse himself from voting for the merger. The poor swap ratio has already caused significant reputational damage for ICICI Bank . Therefore, we are not in favour of the reappointment of Mr. Jha.
33 for1 against - To approve audit remuneration of PKF Sridhar & Santhanam LLP, Chartered Accountants and Walker Chandiok & Co. LLP, Chartered Accountants, Joint Statutory Auditors of the Company for FY202634 for0 against
- To appoint M/s. Parikh & Associates, practicing company secretaries as Secretarial Auditors for a term of Five (5) consecutive years34 for0 against
- Revision in Remuneration of Mr. Sanjeev Mantri (DIN: 07192264), Managing Director & CEO of the Company.34 for0 against
- Material Related Party Transactions for current bank account balances34 for0 against
- Material Related Party Transactions for subscribing to securities issued by Related Parties and purchase of securities from Related Parties (issued by related or unrelated parties)34 for0 against
- Material Related Party Transactions for sale of securities to Related Parties (issued by related or unrelated parties)31 for0 against
1 proposal not matched to one resolution
Approve material related party transactions for sale of securities to related parties: - ICICI Bank Ltd. ICICI Prudential Life Insurance Co. Ltd. and ICICI Securities Primary Dealership Ltd., for FY27, upto Rs. 50.0 bn with each related partyMoreLess
3 for0 against
6 earlier meetings
Mutual fund votes, meeting of 12 Jan 2025, 30 fund houses
- Re-appointment of Mr. Murali Sivaraman (DIN:01461231) as a Non-executive, Independent Director of the Company30 for0 against
Mutual fund votes, meeting of 8 Sep 2024, 30 fund houses
- Appointment of Mr. Rajive Kumar (DIN:06620110) as a Non-executive, Independent Director of the Company30 for0 against
Mutual fund votes, meeting of 25 Jun 2024, 30 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- To receive, consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2024, together with the Reports of the Board of Directors and Auditors thereon29 for0 against
- To confirm payment of interim dividend of Rs. 5.0 per equity share i.e. at the rate of 50.0% of the face value of Rs. 10/- each, for the financial year ended March 31, 202429 for0 against
- To declare final dividend of Rs. 6.0 per equity share i.e. at the rate of 60% of the face value of Rs. 10/- each, for the financial year ended March 31, 202429 for0 against
- To appoint a Director in place of Mr. Alok Kumar Agarwal (DIN: 03434304), who retires by rotation and, being eligible, offers himself for re-appointment29 for0 against
- To approve audit remuneration of PKF Sridhar & Santhanam LLP, Chartered Accountants and Walker Chandiok & Co. LLP, Chartered Accountants, Joint Statutory Auditors of the Company for FY202529 for0 against
- Revision in Remuneration of Mr. Sanjeev Mantri (DIN: 07192264), Managing Director & CEO of the Company29 for0 against
- Revision in remuneration of Mr. Alok Kumar Agarwal (DIN: 03434304), Executive Director of the Company29 for0 against
- Material Related Party Transactions for current bank account balances29 for0 against
- Material Related Party Transactions for subscribing to securities issued by Related Parties and purchase of securities from Related Parties (issued by related or unrelated parties)27 for0 against
- Material Related Party Transactions for sale of securities to Related Parties (issued by related or unrelated parties)27 for0 against
- Material Related Party Transactions for undertaking repurchase (repo) transactions and other permitted short-term borrowing transactions29 for0 against
- Material Related Party Transactions for reverse repurchase (reverse repo) and other permitted short-term lending transactions29 for0 against
- Increase in remuneration of Non-executive, Independent Directors (other than Chairperson – Non-executive, Independent Director) of the Company24 for0 against
- Appointment of Ms. Preeti Reddy (DIN: 07248280) as a Non-executive, Independent Director of the Company29 for0 against
18 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 2, as a fund house numbered it1 for0 against
- Item 3, as a fund house numbered it1 for0 against
- Item 4, as a fund house numbered it1 for0 against
- Item 5, as a fund house numbered it1 for0 against
- Item 6, as a fund house numbered it1 for0 against
- Item 7, as a fund house numbered it1 for0 against
- Item 8, as a fund house numbered it1 for0 against
- Item 9, as a fund house numbered it1 for0 against
- Item 10, as a fund house numbered it1 for0 against
- Item 11, as a fund house numbered it1 for0 against
- Item 12, as a fund house numbered it1 for0 against
- Item 13, as a fund house numbered it1 for0 against
- Item 14, as a fund house numbered it1 for0 against
- 13) Approve revision in remuneration payable to each Independent Director to Rs. 2.0 mn per annum from Rs. 1.0 mn per annum, not exceeding 1% of the net profits for five years from FY25.1 for0 against
Approve material related party transactions for sale of securities to related parties: - ICICI Bank Ltd. ICICI Prudential Life Insurance Co. Ltd. and ICICI Securities Primary Dealership Ltd., for FY26, upto Rs. 50.0 bn with each related partyMoreLess
2 for0 againstApprove material related party transactions for subscribing to securities issued by related parties and purchase of securities from related parties- ICICI Bank Ltd. ICICI Prudential Life Insurance Co. Ltd. and ICICI Securities Primary Dealership Ltd., for FY26, upto Rs. 50.0 bn with each related party such that the outstanding exposure shall not exceed 5% in aggregate of the investment assets in all entities belonging to the promoter groupMoreLess
2 for0 against- Approve revision in remuneration payable to each Independent Director to Rs. 2.0 mn per annum from Rs. 1.0 mn per annum, not exceeding 1% of the net profits for five years from FY254 for0 against
Mutual fund votes, meeting of 22 Feb 2024, 28 fund houses
- Appointment of Mr. Antony Jacob (DIN: 00210724) as a Non-executive, Independent Director of the Company28 for0 against
Mutual fund votes, meeting of 10 Nov 2023, 20 fund houses
- Appointment of Mr. Sanjeev Mantri (DIN: 07192264) as the Managing Director & Chief Executive Officer ( MD & CEO ) of the Company20 for0 against
Mutual fund votes, meeting of 6 Jul 2023, 20 fund houses
- To receive, consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and Auditors thereon.20 for0 against
- To confirm payment of interim dividend of Rs. 4.50 per equity share of the Company for the financial year ended March 31, 2023.20 for0 against
- To declare final dividend of Rs. 5.50 per equity share of the Company for the financial year ended March 31, 2023.20 for0 against
- To appoint a Director in place of Mr. Sanjeev Mantri (DIN:07192264), who retires by rotation and being eligible, offers himself for re-appointment.20 for0 against
- To appoint Walker Chandiok & Co. LLP, Chartered Accountants as one of the Joint Statutory Auditors of the Company for a first term of five years.20 for0 against
- To fix audit remuneration of PKF Sridhar & Santhanam LLP, Chartered Accountants and Walker Chandiok & Co. LLP, Chartered Accountants, Joint Statutory Auditors of the Company, for FY2024.20 for0 against
- Revision in remuneration of Mr. Bhargav Dasgupta (DIN: 00047728), Managing Director & CEO of the Company.20 for0 against
- Revision in remuneration of Mr. Alok Kumar Agarwal (DIN: 03434304), Executive Director of the Company.20 for0 against
- Revision in remuneration of Mr. Sanjeev Mantri (DIN: 07192264), Executive Director of the Company.20 for0 against
- Material Related Party Transactions for current bank account balances.20 for0 against
- Material Related Party Transactions for subscribing to securities issued by Related Parties and purchase of securities from Related Parties (issued by related or unrelated parties).20 for0 against
- Material Related Party Transactions for sale of securities to Related Parties (issued by related or unrelated parties).20 for0 against
- Material Related Party Transactions for undertaking repurchase (repo) transactions and other permitted short-term borrowing transactions.20 for0 against
- Material Related Party Transactions for reverse repurchase (reverse repo) and other permitted short term lending transactions.20 for0 against
- Alteration in Articles of Association of the Company.20 for0 against
- Amendments to ICICI Lombard - Employees Stock Option Scheme - 2005 of the Company.
Against HSBC Mutual Fund
- HSBC Mutual FundA vote AGAINST this resolution is warranted because:- The presence of a rolling limit linked to the issued share capital of the company, instead of an absolute limit, is a market lagging practice.
19 for1 against - Approval and Adoption of ICICI Lombard – Employees Stock Unit Scheme – 2023.
Against HSBC Mutual Fund
- HSBC Mutual FundA vote AGAINST this resolution is warranted because:- The plan under which the options will be granted, permits stock options to be issued with an exercise price at a discount to the current market price.- The exact performance conditions for vesting have not been disclosed.
19 for1 against - Increase in remuneration in the form of profit related commission to Chairperson - Non-executive, Independent Director of the Company.
Against HSBC Mutual Fund, Invesco Mutual Fund, Quantum Mutual Fund
- HSBC Mutual FundNon-executive directors participate in performance-based incentive schemes. The approval will be valid till perpetuity and shareholders will not get to review the payments in the future.
- Invesco Mutual FundAlthough profit-linked commission is capped at Rs. 1.0 mn for independent directors under IRDAI regulations, commission to the Chairperson is at the discretion of the board. Therefore, ICICI Lombard proposes a commission of Rs. 2.0 mn for its Chairperson from FY24. The proposed commission to the chairperson is in-line with market practices and in line with statutory regulations. However, given that the company has not defined a tenure for payment of commission, the resolution is effectively valid in perpetuity. We do not support resolutions in perpetuity: shareholders must get a chance to periodically review such payments
- Quantum Mutual FundThe Company has proposed approval of increase in remuneration (profit related commission) for a perpetual period, which in our opinion should have a cap on the maximum period of remuneration/ number of years should be defined
17 for3 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines and tax disputes
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyAdditional Commissioner of State Tax (Appeal) CT & GST Territorial Range, BhubaneswarSince 25 Jun 2026
Order received by the Company under Section 107 of the Central Goods and Services Tax Act, 2017(‘the Act’) /Odisha Goods and Services Tax Act, 2017 for the FY 2020-21.
Order has imposed demand on the following grounds: (1) Alleged undischarged tax liability on account of Credit notes issued by the Company. (2) Computation of Input Tax Credit eligible to the Company. - Fine or penaltyAdditional Commissioner, State Tax (Appeal) Large Taxpayers Unit, West BengalSince 24 Jun 2026
Order received by the Company under Section 107 of the Central Goods and Services Tax Act, 2017(‘the Act’) /West Bengal Goods and Services Tax Act, 2017 for the FY 2019-20.
Order has imposed demand on computation of input tax credit eligible to the Company. - Tax disputeCommissioner of CGST (Audit-II), MumbaiSince 31 Aug 2020
The Company vide intimation dated June 10, 2026 has informed stock exchanges regarding receipt of copies of all appeal orders from the CESTAT confirming that the appeals filed have been allowed in favour of the Company.MoreLess
At the filing before: 1st Disclosure on August 14, 2023 The Company vide intimation dated August 14, 2023 had disclosed details of ongoing tax litigations on a cumulative basis. In the Annexure I to the said intimation, the Company had informed regarding the appeal filed by the Company with Central Excise and Service Tax Appellate Tribunal, Mumbai (CESTAT) against the order dated August 11, 2020 having demand of ₹1,095.68 Million including penalty for FY2008-09 to FY2011-12, FY2013-14 & FY2014-15 and order dated August 19, 2020 having demand of ₹1,186.88 Million including penalty for FY2011-12. 2nd Disclosure on January 12, 2026 The Company vide intimation dated January 12, 2026 informed regarding Intimation received from its tax advisors and e-mail correspondences from the Customs, Excise & Service Tax Appellate Tribunal, Mumbai stating that the appeals filed by the Company have been allowed. The copy of the appeal orders are awaited.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.